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UAE Approves 100% Ownership of Companies, New Ten-Year Visa

UAE Approves 100% Ownership of Companies, New Ten-Year Visa

The United Arab Emirates (UAE) has approved long term visa system and foreign ownership of companies in the country.

Ten year visa will be available for investors, specialists in medical field, technical fields, scientific researchers and innovators and a five year residency visa will be available for students studying in the UAE and 10 year visas for exceptional students.

The Ruler of Dubai and UAE Prime Minister HH Sheikh Mohammed said that “The UAE will remain a global incubator for exceptional talents and a permanent destination for international investors.”

He also said, “Our open environment, tolerant values, infrastructure and flexible legislation are the best plan to attract global investment and exceptional talents in the UAE.”

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